INR880b
INR27.1t
MF industry AUM increases
10.7% in FY20
Net inflows in equities
consolidate in FY20
Equity AUM plummets after six years of
consecutive rise (-25.7% in FY20)
INR6.6t
Deven Mistry – Research Analyst
(Deven@MotilalOswal.com); +91 22 6129 1575
Investors are advised to refer to important disclosures made at the last page of the Research Report
April 2020
 Motilal Oswal Financial Services
SUMMARY:
Equity AUM plunges after six straight years of rise; net inflows consolidate in FY20
Key observations
As the Coronavirus (COVID-19) pandemic rampaged across the world, the Nifty saw the worst
finish to a financial year in a decade. With India in midst of a complete lockdown, the Nifty
plunged 23% to close at 8,598 (-26% YoY) in Mar’20.
Nevertheless, mutual fund investors appeared undeterred by the market nervousness.
Contribution of systematic investment plans (SIPs) hit a new high of INR86.4b in Mar’20 (+7.3%
YoY and 2x in 3 years). Total amount garnered through SIPs stood at INR1,001b in FY20 against
INR927b in FY19.
Equity AUM of domestic MFs declined to INR6.6t (-25.7% YoY) in FY20 – the lowest level since
Oct’17 – led by a decline in market indices (Nifty -26% YoY) and increase in redemptions (up
26% YoY to INR2,467b). However, an increase in sale of equity schemes (+10% YoY to
INR3,347b) restricted the decline in net inflows to INR880b in FY20 from INR1,080b in FY19.
The mutual fund industry’s average AUM increased 10.7% YoY (INR2.6t) to INR27.1t in FY20,
primarily led by inflows in equities, ETFs and income categories.
Some interesting facts
The year saw
a notable change in sector and stock allocation of funds. Defensives’ weight
increased by 600bp to 33.5%,
led by increase in weights of Consumer, Telecom, Healthcare,
Utilities and Technology
(refer page 3 for detailed charts).
Domestic Cyclicals’ weight decreased by 520bp to 56.4%,
led by Banks (PSU and Private), Autos
and Capital Goods
(refer page 3 for detailed charts).
Equity AUM decline after rising for six consecutive
year to INR6.6t (-25.7% YoY)
Equity Incl. Arbi & ELSS AUM (INR t)
AUM CAGR 14%
Nifty CAGR 0%
Nifty Index
11,624
10,114
9,174
8.9
8,598
7.5
8,491
7,738
3.9
6.6
5.4
3.5
FY15
FY16
FY17
FY18
FY19
FY20
AUM up 10.7% to INR27.1t in FY20 – touches a
new high
Average AUM (INR t)
YoY Chg (%)
31.2
13.7
35.0
25.9
Consumer weight increased for the third successive month to reach a new high of 9.8%
(+150bp
MoM and +200bp YoY). The sector is now at the second position in sector allocation of mutual
funds – it was at the fifth position 12 months ago.
In terms of value decrease MoM, 8 of the top-10 stocks were from Financials.
ICICI Bank (-
INR215b), HDFC Bank (-INR180.8b), Axis Bank (-INR139.9b), SBI (-INR124.3b), Bajaj Finance (-
INR87.8b), HDFC (-INR64.6b), Kotak Mah. Bank (-INR55.8b) and IndusInd Bank (-INR45.6b).
Stocks exhibiting maximum increase in value MoM were
Tata Consumer (+INR12.2b), HUL
(+INR9b), Dr. Reddy’s Labs (+INR4.1b), HPCL (+INR3.3b) and Lupin (+INR2.6b).
Fund Folio: Indian Mutual Fund Tracker | April 2020
27.1
6.2
CAGR 17.8%
10.7
24.5
23.1
18.3
13.6
11.9
FY15
FY16
FY17
FY18
FY19
FY20
2
 Motilal Oswal Financial Services
SUMMARY:
Equity AUM plunges after six straight years of rise; net inflows consolidate in FY20
Key charts
SIP contribution up 7.3% in last 1 year and 2x in last 3
years
SIP contribution (INRb)
27.5
27.2
27.9
Defensives’ weight up 6pp in FY20...
Defensives (%)
…led by Consumer, Telecom and Healthcare
33.5
2.1
Chg pp (YoY)
1.8
1.5
0.4
0.2
27.4
Mar-19
Jun-19
Sep-19
Dec-19
Mar 20
Domestic Cyclicals’ weight down 5.2pp in FY20...
Domestic cyclicals (%)
61.6
62.8
61.4
62.0
56.4
…led by Banks, Autos and Cap Goods
0.6 0.5
0.0 -0.2-0.3 -0.3-0.4
-1.0-1.1
-1.2
-1.7
Chg pp (YoY)
MF inflows at INR0.9t in FY20; Equities, ETFs and
Income contribute the most
880
Total net inflows of INR870b in FY20
598
366
16
11
9
Mar-19
Jun-19
Sep-19
Dec-19
Mar 20
Global Cyclicals' weight down 0.8pp in FY20...
Global cyclicals (%)
…led by Metals
0.3
Chg pp (YoY)
-3
-254
-752
10.9
9.9
10.6
10.6
10.1
-1.0
Mar-19
Jun-19
Sep-19
Dec-19
Mar 20
Fund Folio: Indian Mutual Fund Tracker | April 2020
3
 Motilal Oswal Financial Services
Contents
AUM:
Up 10.7% to INR27.1t in FY20; equity inflows moderate
Top-20 funds:
Equity value down 23% MoM and 17.4% YoY
About the product
Fund Folio
is a handbook on the
holdings of the top-20 domestic mutual
funds in India. This monthly report will
cover:
Trend in AUMs and flows
Sector allocation by funds
Stock-wise holding change
Top schemes and NAV change
Fund-wise snapshot on top holdings
Sector-wise weightage:
MoM increase seen in Consumer, Healthcare, Technology
and Oil and Gas
Sectoral allocation of funds:
Technology, NBFCs and Consumer under-owned
Nifty-50 snapshot:
MFs net buyers in 74% of stocks
Top schemes and NAV change:
All top-25 schemes close lower
Value surprise:
Maximum MoM change in Tata Consumer, HUL, Dr. Reddy’s Labs,
HPCL and Lupin
Funds snapshot:
Overview
Aditya Birla Sun Life
Kotak Mahindra
Axis
BNP Paribas
Canara Robeco
L&T
Mirae Asset
Motilal Oswal
Notes:
This report covers only the top-20 mutual
DSP
Franklin Templeton
HDFC
Nippon India
Principal
SBI
funds by exposure to equity
All aggregates pertain only to the funds
listed in this report
Sectors are as defined by MOSL Research
Source: AMFI, NAVIndia
ICICI Prudential
IDFC
Invesco
Sundaram
Tata
UTI
Fund Folio: Indian Mutual Fund Tracker | April 2020
4
 Motilal Oswal Financial Services
AUM:
Up 10.7% to INR27.1t in FY20; equity inflows moderate
The mutual fund industry’s average AUM increased 10.7% YoY (INR2.6t) to INR27.1t in FY20, primarily led by inflows in equities, ETFs and income
categories.
Domestic MFs’ equity AUM declined to INR6.6t (-25.7% YoY) in FY20 – the lowest level since Oct’17 – led by a decline in market indices (Nifty -26% YoY)
and increase in redemptions (up 26% YoY to INR2,467b). However, an increase in sale of equity schemes (+10% YoY to INR3,347b) restricted the decline
in net inflows to INR880b in FY20 from INR1,080b in FY19.
Average AUM (INR t)
AUM rises by 2.3x against
flat Nifty in last 5 years
8,491
7,738
16.2
17.0
18.3
19.6
Nifty Index
11,624
Trend in quarterly average AUM
9,174
21.0
22.4
10,114
23.1
23.4
24.4
23.7
24.5
25.6
27.1
25.8
26.9
8,598
11.9
12.3
13.2
13.5
13.6
14.5
Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20
Yearly trend of net inflows by mutual funds (toward equity)
Net Inflow/Outflow in Equity Incl. Arbi & ELSS (INR b)
1711
1080
Yearly trend of sales and redemptions by mutual funds (toward equity)
Sale in Equity Incl. Arbi & ELSS (INR b)
Redemptions in Equity Incl. Arbi & ELSS (INR b)
1,653
2,196
4,005
3,038
3,347
710
21
1
740
704
880
1,482
647
666
506
434
461
-554
-626
-146
-93
-797
-505
-580
-771
-913
-1,492
-2,294
FY17
FY18
-1,958
FY19
-131
FY10
FY11
FY12
-2,467
FY20
FY13
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY10
FY11
FY12
FY13
FY14
FY15
FY16
Fund Folio: Indian Mutual Fund Tracker | April 2020
5
 Motilal Oswal Financial Services
Top-20 funds:
Equity value down 23% MoM and 17.4% YoY
Total equity value of the top-20 AMCs decreased 23% MoM (-17.4% YoY) in Mar’20, as against the Nifty’s decline of 23.2% MoM (-26% YoY).
Among the top-10 funds, the highest MoM decrease was seen in Nippon India Mutual Fund (-30.4%), Aditya Birla Sun Life Mutual Fund (-25.8%),
Kotak Mahindra Mutual Fund (-25.5%), Franklin Templeton Mutual Fund (-24.7%) and HDFC Mutual Fund (-23.2%).
Trend of top-20 mutual funds by equity value
SBI Mutual Fund
HDFC Mutual Fund
ICICI Prudential Mutual Fund
Nippon India Mutual Fund
Aditya Birla Sun Life Mutual Fund
UTI Mutual Fund
AXIS Mutual Fund
Kotak Mahindra Mutual Fund
Franklin Templeton Mutual Fund
Mirae Asset Mutual Fund
DSP Mutual Fund
L&T Mutual Fund
Tata Mutual Fund
IDFC Mutual Fund
Motilal Oswal Mutual Fund
Sundaram Mutual Fund
Canara Robeco Mutual Fund
Invesco Mutual Fund
PRINCIPAL Mutual Fund
BNP Paribas Mutual Fund
Total of above
Nifty
Value (INR b)
Mar-20
1,514
1,099
1,048
744
601
591
518
508
349
300
295
255
177
165
140
139
95
94
42
30
8,705
8,598
MoM Change (%)
12M Chg
Apr-19 May-19 Jun-19 July-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 (INRb) (%)
1.1
3.4
0.2
-3.2
1.7
7.9
4.3
3.5
2.1
1.4
-3.5
-18.8
-43
-2.8
-1.4
3.6
-0.3
-5.4
-0.4
5.0
3.5
0.1
-0.3
-0.3
-7.3
-23.2
-389
-26.2
-1.5
4.4
-0.5
-5.0
0.5
5.9
6.2
-1.0
-1.8
-1.4
-3.8
-19.7
-241
-18.7
-5.1
0.0
-1.0
0.0
-7.8
5.2
4.1
-0.6
0.3
-1.7
3.4
-30.4
-368
-33.1
-1.3
3.2
-2.9
-6.9
-1.7
7.7
3.9
-1.4
0.4
0.6
-6.4
-25.8
-258
-30.0
-0.3
2.4
-0.2
-4.7
1.3
5.5
4.0
2.3
1.2
1.1
-4.5
-19.9
-93
-13.6
3.1
7.4
0.8
-5.8
4.5
9.5
6.1
1.9
2.6
6.8
-1.3
-15.0
85
19.6
-0.6
4.8
0.7
-4.0
3.7
5.9
4.7
4.4
2.7
1.0
-3.0
-25.5
-53
-9.4
-1.7
1.8
-2.4
-7.2
-1.7
5.4
3.1
0.5
0.4
-0.1
-7.1
-24.7
-161
-31.6
3.9
10.3
3.7
1.2
5.0
7.0
9.0
3.9
5.2
6.2
-0.8
-21.0
76
33.9
-1.6
1.3
0.1
-9.6
0.4
7.0
5.6
1.0
1.2
4.3
-3.6
-26.2
-85
-22.3
-1.0
2.5
-1.5
-6.0
-0.9
5.1
3.7
-2.0
-0.6
1.6
-6.5
-27.1
-117
-31.5
0.3
0.6
0.5
-5.8
0.8
6.6
3.3
0.4
2.4
3.7
-6.9
-22.6
-41
-18.6
0.5
5.2
2.4
-0.8
2.9
8.9
-0.5
7.1
-0.1
0.4
-4.2
-35.1
-41
-20.0
-0.7
0.5
0.3
-10.4
5.6
6.8
4.3
-1.7
1.1
1.9
-3.9
-25.6
-43
-23.6
-1.9
3.0
-1.6
-9.0
-2.0
8.3
4.0
1.3
0.0
2.7
-3.1
-28.9
-55
-28.3
3.6
5.4
0.7
-6.2
2.2
6.9
6.1
1.3
2.1
5.4
-0.4
-18.3
5
6.0
1.4
5.8
1.4
-1.7
2.8
6.5
6.9
2.0
1.8
4.6
0.8
-20.4
8
8.9
-0.7
4.2
-1.7
-6.4
-1.1
4.8
3.2
-4.5
-1.5
3.9
-4.1
-22.2
-14
-25.7
-2.2
4.5
-4.4
-6.5
2.2
8.0
3.2
-0.4
1.3
2.2
-4.3
-27.2
-10
-25.2
-0.9
3.3
-0.4
-4.7
0.0
6.5
4.5
1.0
0.8
1.1
-3.7
-23.0 -1,839 -17.4
1.1
1.5
-1.1
-5.7
-0.9
4.1
3.5
1.5
0.9
-1.7
-6.4
-23.2
-26.0
Cash
Holding (%)
6.6
4.7
5.1
3.0
5.5
2.4
13.5
7.5
4.2
1.6
6.8
3.8
7.7
5.7
2.2
5.6
3.7
2.8
2.0
11.3
5.3
Note:
Equity value represents equity exposure for all mutual fund schemes (including balanced and other schemes).
Cash is derived by deducting equity AUM from total AUM; Only equity growth schemes have been considered for cash.
Fund Folio: Indian Mutual Fund Tracker | April 2020
6
 Motilal Oswal Financial Services
Sector-wise weight:
MoM increase seen in Consumer, Healthcare, Technology and Oil and Gas
In Mar’20, MFs showed interest in Consumer, Healthcare, Technology, Oil and Gas, Telecom and Utilities, which led to MoM increase in weight. Banks
(Private & PSU), NBFCs, Capital Goods, Metals, Automobiles, Chemicals, Real Estate, Infra and Cement saw MoM decrease in weight.
Private Banks (18.1%) was the top sector holding in Mar’20, followed by Consumer (9.8%), Technology (8.9%) and NBFCs (8.5%).
Real Estate, Infrastructure, Metals and Financials witnessed maximum decline in value MoM.
Sector value change MoM (%):
Real Estate, Infra,
Metals and Financials saw maximum decline MoM
MoM Chg (pp)
18.1
Healthcare
Consumer
1.5
Sector allocation (%):
Consumer, Healthcare and
Technology see highest rise MoM
Mar Weight (%)
Banks Private
MFs v/s BSE-200 weight (%):
Consumer u/w and
Capital Goods o/w
BSE 200 Weight (%)
Banks Private
Consumer
-6.5
-8.8
-11.0
Consumer
Technology
NBFC
Oil & Gas
Healthcare
Capital Goods
Auto
Utilities
9.8
8.9
8.5
8.3
7.1
6.3
5.2
4.6
Oil & Gas
1.1
Technology
Telecom
Utilities
Retail
Cement
Auto
Chemicals
Capital Goods
Textiles
NBFC
Media
-20.5
-21.3
-24.6
-26.2
-26.3
-28.3
-30.6
-30.8
-30.8
-11.8
-13.2
Technology
NBFC
Oil & Gas
1.1
1.3
Healthcare
Auto
Capital Goods
Utilities
Telecom
Cement
Banks Public
0.1
Banks Public
Cement
Telecom
Chemicals
Retail
Metals
Textiles
Real Estate
3.1
3.0
3.0
2.8
2.0
1.8
0.8
0.5
0.4
-
-
0.3
Metals
Retail
Chemicals
Infrastructure
Real Estate
Textiles
Media
Banks Private
-31.3
Banks Public
-34.3
Metals
-34.6
Infrastructure
-35.8
Real Estate-36.7
Media
Infrastructure
0.4
9.8
12.6
8.9
11.6
8.5
10.8
8.3
5.6
7.1
5.2
5.2
3.4
6.3
2.8
4.6
2.3
3.0
2.2
3.0
2.0
3.1
1.7
1.8
1.4
2.0
1.0
2.8
0.5
0.4
0.4
0.5
0.4
0.8
0.2
0.4
MF Weight (%)
19.2
18.1
14.5
Fund Folio: Indian Mutual Fund Tracker | April 2020
7
 Motilal Oswal Financial Services
Sectoral allocation of funds:
Technology, NBFCs, Consumer and Oil and Gas under-owned
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% lower:
Technology (18 funds under-owned), NBFCs (17 funds under-
owned), Consumer (16 funds under-owned), Oil and Gas (16 funds under-owned), and Utilities (11 funds under-owned).
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% higher:
Capital Goods (15 funds over-owned), Healthcare (11 funds
over-owned), Automobiles (8 funds over-owned), Cement (8 funds over-owned) and Retail (7 funds over-owned).
Sector-wise allocation of funds v/s BSE-200 (%)
Aditya
Sector
BSE200 Birla Sun
Life
Auto
5.2
4.0
Banks Private
19.2
19.4
Banks Public
2.0
1.7
Capital Goods
3.4
7.7
Cement
2.2
4.1
Chemicals
1.0
3.5
Consumer
14.5
11.3
Healthcare
5.6
12.1
Infrastructure
0.5
0.4
Media
0.2
1.0
Metals
1.7
1.1
NBFC
11.6
7.8
Oil & Gas
10.8
5.7
Real Estate
0.4
0.2
Retail
1.4
1.5
Technology
12.6
8.2
Telecom
2.3
3.2
Textiles
0.4
0.3
Utilities
2.8
2.9
Axis
5.0
19.1
0.1
2.1
2.8
4.9
11.7
5.0
0.1
0.2
0.2
16.3
2.3
0.3
9.7
12.2
2.4
0.3
1.6
BNP
Paribas
3.6
20.3
0.8
3.4
4.5
1.9
15.1
4.8
0.2
2.5
1.8
11.7
7.6
0.3
3.7
9.8
3.5
0.3
2.4
Canara
Robeco
3.9
20.3
0.0
6.4
2.8
3.8
12.2
11.2
0.1
0.0
8.5
9.1
0.1
5.5
7.3
2.5
0.0
0.1
DSP
5.3
19.2
0.8
6.7
4.9
6.3
7.7
11.1
0.7
0.4
2.1
8.3
4.4
1.6
1.6
4.4
4.0
2.5
1.4
Franklin
ICICI
HDFC
IDFC
Templeton
Pru
6.3
19.3
3.9
5.0
7.7
3.1
5.6
6.6
0.6
0.8
1.5
3.7
8.8
1.3
1.3
7.2
5.9
0.8
4.3
3.1
14.0
7.6
9.0
1.5
3.8
6.9
6.4
0.9
0.5
2.4
8.1
9.8
0.2
0.7
9.2
0.8
0.3
9.8
6.8
6.1
14.7 16.8
2.7 1.3
3.9
8.5
1.6
4.7
1.3
3.8
9.4 10.8
7.3 7.2
0.6 0.7
1.0 0.2
4.0
1.6
6.1 8.0
9.4 5.3
0.4 0.4
1.7
2.8
9.4 7.2
6.7 3.7
0.1 0.7
9.3
1.1
Invesco
8.0
18.4
0.2
3.4
1.6
2.3
8.2
10.3
0.9
0.1
1.4
9.5
10.6
0.8
2.0
9.5
3.5
2.8
Kotak
Mahindra
4.6
21.7
3.1
7.3
6.4
3.2
7.9
4.2
0.2
0.1
1.9
7.3
12.0
0.4
0.3
8.1
1.6
2.8
0.5
L&T
3.5
11.9
1.4
8.8
5.6
5.8
9.3
9.7
1.0
0.0
2.5
7.9
5.4
2.2
2.8
7.5
3.2
1.4
0.5
Mirae
7.3
19.5
3.5
8.8
1.1
0.7
11.7
10.1
0.0
0.4
8.2
11.1
0.1
2.0
9.1
0.2
1.2
1.8
Motilal Nippon
Principal SBI Sundaram TATA UTI
Oswal
India
7.5
18.5
0.4
6.2
1.3
0.5
15.9
3.3
0.0
0.0
0.0
19.7
4.2
0.5
5.7
9.3
0.2
0.8
0.1
5.2
16.4
4.8
9.8
1.5
2.3
6.7
7.9
0.4
0.4
2.7
5.9
9.7
0.5
1.6
5.1
1.7
0.7
10.6
6.3
16.5
1.7
6.8
3.1
5.3
11.6
7.3
0.0
0.8
1.6
7.5
8.1
0.0
2.3
7.4
1.8
1.9
0.9
4.7
23.2
3.4
5.1
3.0
1.6
11.2
5.2
0.1
0.2
1.1
9.5
9.1
0.4
0.9
10.5
3.3
0.9
2.7
6.1
11.0
0.2
10.3
4.9
4.5
17.2
5.8
0.2
1.3
0.2
9.5
5.0
0.3
4.4
3.6
2.3
0.5
1.0
6.5
18.6
2.7
5.0
2.7
3.3
14.9
5.6
0.3
0.5
0.6
9.7
11.5
0.4
1.7
7.3
2.1
0.2
1.0
7.3
17.5
1.7
4.0
2.5
2.4
12.4
8.1
0.2
0.2
1.2
9.3
7.6
0.5
2.1
13.3
3.0
0.9
2.3
Note:
Green box
indicates over-ownership by +1% and
Orange
box indicates under-ownership by -1% of a sector vis-a-vis BSE200 weight.
Fund Folio: Indian Mutual Fund Tracker | April 2020
8
 Motilal Oswal Financial Services
Nifty-50 snapshot:
MFs net buyers in 74% of stocks
Highest net buying in Mar’20 MoM was witnessed in Adani Ports (+38.9%), Bharti Infratel (+38.2%), JSW Steel (+26.3%), M&M (+24.2%) and Eicher Motors (+24.1%).
Value Mar- Value Chg Shares Mar- Shares Chg
20 (INR B) MoM (%)
20 (M)
MoM (%)
20.3
5.6
7.1
35.6
30.6
5.4
372.3
75.2
213.6
25.0
173.3
107.4
46.4
40.7
31.8
70.2
52.8
47.9
269.2
91.7
23.9
33.1
462.1
15.7
64.4
26.3
371.0
571.0
17.5
251.4
2.0
3.1
-21.6
-22.6
-2.1
-37.1
-5.2
-16.7
-39.6
-64.6
1.4
-45.0
-17.6
-19.8
-1.2
-16.4
-16.5
-16.7
-19.4
-27.4
-17.5
-35.5
-31.7
-7.1
-14.6
-40.7
-9.0
-24.0
-27.5
-13.0
80.6
35.3
48.7
125.0
2.3
44.0
334.4
237.3
563.5
71.0
94.9
48.5
49.7
532.3
11.8
21.6
3.0
586.0
164.9
21.4
15.0
345.4
1,427.2
79.7
147.6
406.5
578.4
662.5
8.6
570.2
38.9
38.2
26.3
24.2
24.1
21.4
13.1
12.1
11.2
11.2
11.0
10.9
10.7
9.3
9.1
8.7
7.9
7.9
7.5
6.4
6.0
5.1
4.8
4.6
4.5
4.5
3.8
3.8
3.5
3.3
Company
Adani Ports & SEZ
Bharti Infratel
JSW Steel
M&M
Eicher Motors
Zee Entertainmen
Reliance Inds.
BPCL
Axis Bank
IndusInd Bank
TCS
Bajaj Finance
Titan Company
GAIL
Britannia Inds
UltraTech Cement
Shree Cement
IOC
HDFC
Maruti Suzuki
Hero MotoCorp
Hindalco
ICICI Bank
Wipro
HCL Tech.
Vedanta
Infosys
HDFC Bank
Bajaj Auto
Bharti Airtel
Number of Funds
Having Exposure
>2%
<2%
18
18
19
19
18
19
3
18
6
19
10
16
19
19
20
16
20
16
6
17
19
19
Company
Dr Reddys Labs.
ITC
Bajaj Finserv
HUL
SBI
NTPC
Tech Mahindra
Kotak Mah. Bank
L&T
ONGC
UPL
Sun Pharma
Nestle India
Coal India
Tata Steel
Cipla
Grasim Inds
Asian Paints
Power Grid
Tata Motors
1
17
1
14
10
4
1
4
2
14
3
Number of Funds
Value Mar- Value Chg Shares Mar- Shares Chg
Having Exposure
20 (INR B) MoM (%)
20 (M)
MoM (%)
>2%
<2%
44.7
10.1
14.3
3.3
20
209.9
-10.3
1,222.3
3.2
8
12
28.4
-48.4
6.2
1.7
20
137.9
7.0
60.0
1.2
10
10
234.8
-34.6
1,192.8
0.7
7
13
166.2
-20.5
1,973.4
0.6
4
16
44.6
-23.9
79.0
0.2
20
220.8
-20.2
170.4
-0.2
14
6
211.8
-32.5
262.0
-0.9
10
10
59.7
-26.4
873.5
-0.9
2
16
10.1
-38.0
31.1
-1.4
19
92.2
-6.9
261.6
-1.5
1
18
64.0
1.8
3.9
-1.5
1
19
81.6
-18.3
582.7
-1.8
2
16
43.7
-31.7
164.7
-2.1
19
56.9
2.7
134.5
-2.3
1
18
29.0
-32.8
60.9
-3.0
19
69.1
-16.3
41.4
-9.7
3
17
84.7
-22.3
532.2
-11.4
2
18
13.7
-53.8
192.4
-16.1
18
MFs’ weight in Nifty (%)
OW/UW to Nifty(pp)
20
28.3
19
19
19
1
19
6
3.5
3.0
1.6
2.2
1.1
0.8
0.3
0.2
MFs Weight in Nifty (%)
12.2 10.9
9.4 7.4
6.1 4.7 4.3 3.9 3.9 3.5
2.0 1.8 0.8
0.4 0.2 0.1
19
20
14
Fund Folio: Indian Mutual Fund Tracker | April 2020
9
 Motilal Oswal Financial Services
Top schemes and NAV change:
All top-25 schemes close lower
Among the top-25 schemes by AUM, those registering the highest decline were
HDFC Small Cap Fund (-30.6% MoM change in NAV), Nippon India
Multi Cap Fund (-30.2% MoM), HDFC Mid-Cap Opportunities Fund (-27.8% MoM), Aditya Birla SL Equity Fund (-26.9% MoM) and Nippon India Large
Cap Fund (-26.4% MoM).
Top schemes by AUM
Scheme Name
Kotak Standard Multicap Fund (G)
ICICI Pru Bluechip Fund (G)
AXIS Long Term Equity Fund (G)
SBI BlueChip Fund (G)
HDFC Mid-Cap Opportunities Fund (G)
HDFC Equity Fund - (G)
Aditya Birla SL Frontline Equity Fund (G)
Mirae Asset Large Cap Fund (G)
HDFC Top 100 Fund (G)
ICICI Pru Value Discovery Fund (G)
AXIS Bluechip Fund (G)
Motilal Oswal Multicap 35 Fund (G)
Nippon India Large Cap Fund (G)
Aditya Birla SL Equity Fund (G)
AXIS Focused 25 Fund (G)
Aditya Birla SL Tax Relief '96 (G)
UTI-Equity Fund (G)
Franklin India Equity Fund - (G)
Mirae Asset Emerging Bluechip Fund (G)
Nippon India Tax Saver (ELSS) Fund - (G)
SBI Focused Equity Fund (G)
Nippon India Multi Cap Fund (G)
SBI Magnum Multicap Fund (G)
HDFC Small Cap Fund (G)
Franklin India Focused Equity Fund (G)
Total AUM (INR B)
229
189
175
171
163
160
145
132
129
117
110
91
87
85
82
82
81
76
74
71
70
68
65
62
62
Equity AUM (INR B)
207
178
166
162
149
160
133
130
128
111
86
90
86
83
75
79
79
74
74
69
60
67
64
55
59
MoM NAV Chg (%)
-24.2
-22.7
-21.1
-23.3
-27.8
-24.6
-24.1
-23.4
-22.9
-19.1
-17.9
-25.1
-26.4
-26.9
-23.3
-20.7
-24.0
-25.1
-24.2
-26.2
-22.7
-30.2
-24.7
-30.6
-25.6
12M NAV Chg (%)
-23.9
-24.7
-11.9
-24.1
-30.7
-32.8
-27.2
-24.1
-31.4
-27.7
-8.1
-25.0
-31.8
-26.3
-13.7
-21.7
-19.4
-31.0
-20.8
-34.9
-14.8
-35.1
-23.9
-41.8
-29.5
Note:
Equity growth schemes considered for this comparison
Fund Folio: Indian Mutual Fund Tracker | April 2020
10
 Motilal Oswal Financial Services
Value surprise:
Maximum MoM change in Tata Consumer, HUL, Dr. Reddy’s Labs, HPCL and Lupin
In Mar’20, stocks that saw maximum increase in value MoM were Tata Consumer, HUL, Dr. Reddy’s Labs, HPCL, Lupin, TCS, Biocon, Bharat
Electronics, GSK Consumer Healthcare and Cipla.
8 of the 10 stocks that saw maximum decline in value were from Financials. ICICI Bank, HDFC Bank, Axis Bank, SBI and L&T saw maximum decline in
value MoM.
Top-10 stocks by change in value
Company
Tata Consumer
HUL
Dr Reddys Labs
HPCL
Lupin
TCS
Biocon
Bharat Electronics
GSK Consumer Healthcare
Cipla
Value Mar-20
(INR B)
39.4
137.9
44.7
43.7
27.1
173.3
17.2
45.5
15.3
56.9
Value Chg MoM
(INR B)
12.2
9.0
4.1
3.3
2.6
2.3
1.9
1.8
1.6
1.5
Value Chg
MoM (%)
44.7
7.0
10.1
8.2
10.8
1.4
12.2
4.0
11.4
2.7
Shares Mar-20
(M)
133.4
60.0
14.3
229.6
45.9
94.9
63.7
611.4
1.5
134.5
Shares Chg
MoM (M)
54.8
0.7
0.5
25.5
7.7
9.4
10.1
19.7
0.1
-3.2
Shares Chg
MoM (%)
69.7
1.2
3.3
12.5
20.3
11.0
18.9
3.3
5.5
-2.3
Price Chg
MoM (%)
-14.8
5.7
6.5
-3.8
-7.8
-8.9
-5.7
0.5
5.8
5.4
% AUM
0.5
1.6
0.5
0.5
0.3
2.0
0.2
0.5
0.2
0.7
Bottom-10 stocks by change in value
Company
ICICI Bank
HDFC Bank
Axis Bank
SBI
L&T
Bajaj Finance
HDFC
Kotak Mah. Bank
IndusInd Bank
NTPC
Value Mar-20
(INR B)
462.1
571.0
213.6
234.8
211.8
107.4
269.2
220.8
25.0
166.2
Value Chg MoM
(INR B)
-215.0
-180.8
-139.9
-124.3
-102.0
-87.8
-64.6
-55.8
-45.6
-42.8
Value Chg
MoM (%)
-31.7
-24.0
-39.6
-34.6
-32.5
-45.0
-19.4
-20.2
-64.6
-20.5
Shares Mar-20
(M)
1,427.2
662.5
563.5
1,192.8
262.0
48.5
164.9
170.4
71.0
1,973.4
Shares Chg
MoM (M)
65.5
24.1
56.6
7.7
-2.3
4.8
11.5
-0.3
7.1
12.4
Shares Chg
MoM (%)
4.8
3.8
11.2
0.7
-0.9
10.9
7.5
-0.2
11.2
0.6
Price Chg
MoM (%)
-34.6
-26.8
-45.6
-35.0
-31.8
-50.3
-25.1
-20.0
-68.2
-21.0
% AUM
5.3
6.6
2.5
2.7
2.4
1.2
3.1
2.5
0.3
1.9
Fund Folio: Indian Mutual Fund Tracker | April 2020
11
 Motilal Oswal Financial Services
SBI
HDFC
ICICI Prudential
Nippon India
Aditya Birla Sun Life
UTI
Axis
Kotak Mahindra
Franklin Templeton
Mirae Asset
IN ORDER OF EQUITY AUM, CLICK ON THE FUND NAME FOR DETAILS
DSP
L&T
Tata
IDFC
Motilal Oswal
Sundaram
Canara Robeco
Invesco
Principal
BNP Paribas
FUNDS
SNAPSHOT
12
 Motilal Oswal Financial Services
SBI:
Equity AUM INR1514b
Top company holdings (%)
Mar-20
HDFC Bank
Chg MoM (pp)
9.8
-0.3
6.4
0.6
HDFC:
Equity AUM INR1099b
Top company holdings (%)
Mar-20
Chg MoM (pp)
6.7
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Consumer
Technology
NBFC
Oil & Gas
Healthcare
Cap Goods
Auto
Banks PSU
Telecom
Chg MoM (pp)
23.2
-2.3
1.8
1.0
-1.3
0.8
0.7
-0.2
-0.3
-0.2
Top sector allocation (%)
Weight (%)
Banks Pvt
Chg MoM (pp)
9.8
ICICI Bank
Infosys
RIL
ICICI Bank
HDFC
Infosys
Kotak M Bank
11.2
10.5
9.5
9.1
5.3
5.0
-0.6
0.1
0.6
-0.1
-0.2
0.3
0.6
0.2
SBI
RIL
L&T
6.3
5.9
5.2
-1.0
0.6
-0.6
1.3
-0.5
0.8
-0.4
0.2
0.6
0.5
Utilities
Oil & Gas
Technology
Cap Goods
9.8
9.2
9.0
8.1
7.6
4.7
4.3
3.3
3.3
3.2
3.2
4.9
4.6
3.9
14.0
-2.9
1.1
1.7
0.3
-0.7
0.9
-0.7
1.4
1.0
-0.2
SBI
TCS
ITC
Bharti Airtel
5.2
5.1
4.7
3.4
3.3
ITC
HDFC Bank
NTPC
NBFC
Banks PSU
Consumer
Healthcare
Auto
3.2
2.8
2.8
6.9
6.4
3.5
0.1
HDFC
Power Grid
Top change by market value
Company
HUL
Adani Ports
Dr Reddys Lab
RBL Bank
Cipla
Avenue Super
Coal India
Muthoot Finance
Navin Fluorine
Bharat Electronics
Mkt Value Shares Chg
Chg (INR b)
('000)
5.29
1,476
1.94
16,832
1.70
410
1.24
12,133
1.14
1,960
1.14
614
1.02
14,295
0.97
2,119
0.97
790
0.89
11,755
Top change in weight (%)
Company
HUL
ITC
RIL
Infosys
TCS
Nestle India
Adani Ports
Dr Reddys Lab
Divis Lab
Shree Cement
Chg MoM Current
(pp)
Weight
0.76
2.55
0.64
3.23
0.63
6.36
0.61
4.69
0.32
3.26
0.29
1.56
0.24
0.70
0.19
0.53
0.18
1.70
0.15
1.02
Top change by market value
Company
SBI Cards & Paym
Tata Consumer
RIL
Bharat Electronics
Lupin
Adani Ports
HPCL
Interglobe Avi.
Radico Khaitan
Suprajit Engg
Mkt Value Shares Chg
Chg (INR b)
('000)
6.66
10,773
4.12
14,162
1.64
9,493
1.29
16,621
0.80
2,173
0.75
3,602
0.74
5,904
0.72
1,457
0.72
2,811
0.71
6,401
Top change in weight (%)
Company
RIL
ITC
SBI Cards & Paym
Infosys
HDFC
Power Grid
Tata Consumer
Coal India
HPCL
Bharat Electronics
Chg MoM Current
(pp)
Weight
1.32
5.18
0.82
4.56
0.61
0.61
0.60
6.26
0.56
2.84
0.51
2.81
0.38
0.41
0.35
2.71
0.28
1.00
0.28
0.83
Top scheme by NAV change
Scheme Name
SBI Magnum Global Fund (G)
SBI Focused Equity Fund (G)
SBI BlueChip Fund (G)
SBI Long Term Equity Fund (G)
SBI Magnum Multicap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
31.3
30.3
-14.3
70.1
59.5
-22.7
171.1
162.4
-23.3
53.8
50.5
-23.3
65.4
64.1
-24.7
Top scheme by NAV change
Scheme Name
HDFC Top 100 Fund (G)
HDFC Tax Saver Fund (G)
HDFC Equity Fund - (G)
HDFC Capital Builder Value Fund - (G)
HDFC Mid-Cap Opportunities Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
129.5
128.4
-22.9
50.7
49.8
-23.9
160.4
160.1
-24.6
29.5
28.8
-26.2
163.0
149.1
-27.8
Fund Folio: Indian Mutual Fund Tracker | April 2020
13
 Motilal Oswal Financial Services
ICICI Prudential:
Equity AUM INR1048b
Top company holdings (%)
Mar-20
Chg MoM (pp)
6.6
Nippon India:
Equity AUM INR744b
Top company holdings (%)
Mar-20
HDFC Bank
Chg MoM (pp)
14.7
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Oil & Gas
Technology
Consumer
Utilities
Healthcare
Auto
Telecom
NBFC
Metals
Chg MoM (pp)
-2.3
1.2
0.8
1.4
1.3
1.1
0.0
Top sector allocation (%)
Weight (%)
Banks Pvt
Utilities
Cap Goods
Oil & Gas
Healthcare
Consumer
NBFC
Auto
Technology
Banks PSU
Bharti Airtel
NTPC
5.9
5.3
5.1
0.3
0.6
0.0
-0.9
0.5
0.5
0.3
0.2
0.7
6.2
4.9
HDFC Bank
ICICI Bank
Infosys
4.9
4.2
2.8
ITC
Sun Pharma
ONGC
2.5
2.5
2.4
RIL
Axis Bank
-0.8
9.4
9.4
9.4
9.3
7.3
6.8
6.7
6.1
4.0
ICICI Bank
SBI
Coal India
RIL
NTPC
ONGC
Infosys
0.1
-0.2
-0.7
-0.4
1.2
-1.0
-0.2
0.8
-1.1
3.6
3.5
3.1
3.0
2.9
2.8
2.7
0.3
-1.8
-0.7
Chg MoM (pp)
-1.3
16.4
-2.6
10.6
0.1
9.8
1.8
9.7
1.4
7.9
1.3
6.7
-0.2
5.9
-0.4
5.2
1.5
Power Grid
Axis Bank
5.1
4.8
2.7
-0.3
-0.8
Top change by market value
Company
Tata Consumer
Coal India
RIL
TCS
Power Grid
Eicher Motors
Titan Co.
Jubilant Foo
Cipla
M&M
Mkt Value Shares Chg
Chg (INR b)
('000)
5.10
17,627
3.28
31,611
3.16
6,185
2.63
1,909
1.52
17,101
1.32
186
1.18
2,494
0.99
834
0.84
-516
0.71
16,613
Top change in weight (%)
Company
RIL
NTPC
Infosys
Tata Consumer
Cipla
ITC
Coal India
TCS
Sun Pharma
Power Grid
Chg MoM Current
(pp)
Weight
0.73
2.50
0.55
5.92
0.51
4.88
0.50
0.55
0.47
2.04
0.46
4.23
0.44
0.96
0.44
1.19
0.34
2.81
0.33
1.07
Top change by market value
Company
TCS
RIL
HPCL
HUL
Hero Moto
GSK Consumer
Bayer CropScience
Interglobe Avi
Avenue Super
Eicher Motors
Mkt Value Shares Chg
Chg (INR b)
('000)
2.34
1,434
2.28
5,052
1.96
11,458
1.32
525
1.26
1,183
1.21
109
1.01
313
0.56
994
0.41
208
0.33
29
Top change in weight (%)
Company
RIL
Infosys
HPCL
ITC
TCS
HDFC
BPCL
Sun Pharma
Hero Mot
HUL
Chg MoM Current
(pp)
Weight
1.15
3.09
0.81
2.84
0.50
1.06
0.46
2.29
0.45
0.75
0.39
1.68
0.37
1.19
0.34
1.47
0.29
0.55
0.26
0.45
Top scheme by NAV change
Scheme Name
ICICI Pru Value Discovery Fund (G)
ICICI Pru Bluechip Fund (G)
ICICI Pru India Opportunities Fund (G)
ICICI Pru Long Term Equity Fund - (G)
ICICI Pru Multicap Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
116.6
110.6
-19.1
188.9
178.4
-22.7
19.5
18.4
-24.2
48.0
46.5
-24.5
41.6
39.2
-25.7
Top scheme by NAV change
Scheme Name
Nippon India Pharma Fund (G)
Nippon India Vision Fund - (G)
Nippon India Value Fund (G)
Nippon India Tax Saver (ELSS) Fund - (G)
Nippon India Large Cap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
21.9
21.6
-7.9
19.3
18.5
-26.0
21.6
20.5
-26.1
70.8
69.2
-26.2
86.8
85.6
-26.4
Fund Folio: Indian Mutual Fund Tracker | April 2020
14
 Motilal Oswal Financial Services
Aditya Birla Sun Life:
Equity AUM INR601b
Top company holdings (%)
Mar-20
UTI:
Equity AUM INR591b
Top company holdings (%)
Mar-20
Chg MoM (pp)
Back to
Snapshot
Top sector allocation (%)
Chg MoM (pp)
0.0
6.5
-1.0
5.6
Top sector allocation (%)
Weight (%)
Banks Pvt
Technology
Consumer
NBFC
Healthcare
Oil & Gas
Auto
Cap Goods
Telecom
Cement
Chg MoM (pp)
6.9
5.6
-0.1
0.7
0.0
0.7
-0.8
17.5
-2.6
1.4
13.3
1.9
12.4
-1.6
9.3
1.2
8.1
0.9
7.6
-0.7
7.4
-0.4
4.0
Weight (%)
Banks Pvt
HDFC Bank
ICICI Bank
RIL
Infosys
Kotak M Bank
Bharti Airtel
HDFC
Axis Bank
Pfizer
4.1
0.5
0.5
0.3
0.4
-0.1
-0.3
0.5
Healthcare
Consumer
Technology
Chg MoM (pp)
19.4
-1.7
2.6
12.1
1.0
11.3
0.5
HDFC Bank
Infosys
HDFC
4.9
3.7
3.2
3.2
3.1
2.4
8.2
7.8
7.7
5.7
RIL
ICICI Bank
TCS
ITC
Bharti Airtel
3.4
4.7
4.6
2.9
2.9
2.7
NBFC
Cap Goods
-1.5
-0.4
0.7
0.6
0.4
0.3
0.1
0.5
Oil & Gas
Cement
Auto
4.1
4.0
3.5
2.2
2.1
-0.3
0.4
-0.2
Kotak M Bank
HUL
Honeywell Auto
0.1
Chemicals
2.1
3.0
2.5
0.3
0.0
Top change by market value
Company
SBI Cards & Paym.
Motherson Sumi
Cipla
Power Grid
HPCL
Tata Consumer
BPCL
Hero Moto
Dr Reddys Lab
TCS
Mkt Value Shares Chg
Chg (INR b)
('000)
1.34
2,160
1.20
19,894
0.96
1,388
0.85
5,362
0.72
4,062
0.64
3,003
0.57
2,944
0.52
476
0.51
81
0.44
374
Top change in weight (%)
Company
RIL
Pfizer
Cipla
Infosys
Bharti Airtel
Sun Pharma
Kotak M Bank
GSK Pharma
Gillette India
Dr Reddys Lab
Chg MoM Current
(pp)
Weight
0.53
4.14
0.51
2.24
0.47
1.35
0.46
3.72
0.40
3.18
0.30
1.26
0.29
3.19
0.29
1.21
0.28
1.30
0.25
0.74
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
HUL
0.74
33
Relaxo Footwears
0.69
1,159
Dr Reddys Lab
0.68
157
Avenue Super
0.51
322
Nestle India
0.35
7
Indiamart Intermesh
0.27
161
GSK Consumer
0.19
-1
HPCL
0.15
900
Cipla
0.13
-107
Power Grid
0.10
2,671
Company
Top change in weight (%)
Company
RIL
Infosys
TCS
HUL
ITC
Nestle India
Bharti Airtel
Sun Pharma
Dr Reddys Lab
Avenue Super
Chg MoM Current
(pp)
Weight
0.73
4.69
0.65
5.58
0.60
3.44
0.52
2.10
0.43
2.91
0.30
1.27
0.29
2.89
0.24
1.30
0.21
0.59
0.20
0.65
Top scheme by NAV change
Scheme Name
Aditya Birla SL MNC Fund - (G)
Aditya Birla SL Tax Relief '96 (G)
Aditya Birla SL Focused Equity Fund (G)
Aditya Birla SL India GenNext Fund (G)
Aditya Birla SL Pure Value Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
31.4
30.5
-18.4
81.7
79.4
-20.7
32.0
28.6
-23.6
11.8
11.3
-23.7
27.6
24.6
-24.1
Top scheme by NAV change
Scheme Name
UTI-MNC Fund (G)
UTI-Dividend Yield Fund (G)
UTI-Mastershare (G)
UTI-Equity Fund (G)
UTI-Value Opportunities Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
17.7
17.5
-16.8
17.9
17.6
-17.9
49.1
47.4
-22.1
81.0
78.7
-24.0
32.9
32.5
-24.7
Fund Folio: Indian Mutual Fund Tracker | April 2020
15
 Motilal Oswal Financial Services
Axis:
Equity AUM INR518b
Top company holdings (%)
Mar-20
Kotak Mahindra
:
Equity AUM INR508b
Top company holdings (%)
Mar-20
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
NBFC
Technology
Consumer
Retail
Healthcare
Auto
Chemicals
Cement
Telecom
Chg MoM (pp)
19.1
16.3
12.2
11.7
9.7
Top sector allocation (%)
Chg MoM (pp)
6.9
-0.7
1.0
6.2
6.1
-1.3
Avenue Super
Kotak m Bank
HDFC Bank
TCS
Bajaj Finance
HDFC
ICICI Bank
Nestle India
3.9
Chg MoM (pp)
8.6
0.9
0.0
7.1
-0.4
5.9
5.9
Weight (%)
Banks Pvt
5.5
5.4
1.3
-2.9
0.5
-0.1
4.6
3.1
2.7
Pidilite Inds
Info Edge
1.0
-0.2
-0.2
5.0
5.0
4.9
2.8
2.4
-2.0
-2.7
1.5
2.1
0.9
1.8
-1.4
-0.2
-0.1
HDFC Bank
RIL
ICICI Bank
Oil & Gas
Technology
Consumer
NBFC
Cap Goods
Cement
Chg MoM (pp)
21.7
-4.0
1.8
12.0
3.1
8.1
0.3
-1.9
-0.2
0.1
0.1
Axis Bank
Infosys
3.8
3.5
3.2
Kotak M Bank
TCS
SBI
-1.0
1.1
0.2
1.3
-0.7
-0.5
0.0
7.9
7.3
7.3
6.4
4.6
4.2
3.2
3.2
2.9
2.8
2.5
Auto
Healthcare
Chemicals
0.4
L&T
HDFC
0.8
0.3
Top change by market value
Company
HUL
HDFC Life
TCS
Nestle India
Infosys
Dr Reddys Lab
SBI Cards & Paym
Divis Lab
Cadila Healthcare
Torrent Pharma
Mkt Value Shares Chg
Chg (INR b)
('000)
4.68
1,806
4.37
10,788
2.81
2,865
2.38
110
2.18
5,515
1.85
594
1.61
2,608
1.53
1,095
0.80
2,973
0.72
386
Top change in weight (%)
Company
TCS
HUL
Nestle India
Avenue Super
HDFC Life
Infosys
Divis Lab
HDFC
Bharti Airtel
Dr Reddys Lab
Chg MoM Current
(pp)
Weight
1.35
5.91
1.17
2.71
0.98
3.93
0.92
8.58
0.90
1.24
0.74
2.55
0.63
2.52
0.52
5.36
0.43
2.43
0.36
0.36
Top change by market value
Company
TCSS
SBI Cards & Paym
Infosys
Page Inds
HCL Tech
Bharti Airtel
Wipro
Tech Mahindra
NTPC
Divis Lab
Mkt Value Shares Chg
Chg (INR b)
('000)
3.35
2,441
1.69
2,736
1.32
5,246
1.26
99
1.16
3,056
1.07
4,886
0.83
4,278
0.74
2,003
0.53
8,378
0.52
269
Top change in weight (%)
Company
TCS
Infosys
RIL
HUL
Bharti Airtel
Bharat Electronics
Page Inds
SBI Cards & Paym
Cadila Health
IGL
Chg MoM Current
(pp)
Weight
1.30
3.16
1.09
3.52
0.95
6.19
0.60
2.32
0.56
1.57
0.35
1.17
0.34
0.60
0.33
0.33
0.32
1.16
0.28
1.71
Top scheme by NAV change
Scheme Name
AXIS ESG Equity Fund (G)
AXIS Equity Advantage Fund - Series 1 (G)
AXIS Multicap Fund (G)
AXIS Bluechip Fund (G)
AXIS Midcap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
15.5
10.7
-9.8
9.5
6.4
-12.5
50.6
40.8
-17.7
110.0
86.4
-17.9
44.3
36.9
-20.1
Top scheme by NAV change
Scheme Name
Kotak Bluechip Fund (G)
Kotak Equity Opportunities (G)
Kotak Standard Multicap Fund (G)
Kotak Focused Equity Fund (G)
Kotak Emerging Equity Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
11.8
11.4
-22.8
25.8
23.8
-23.9
228.7
206.7
-24.2
12.9
12.3
-24.3
51.2
49.9
-28.2
Fund Folio: Indian Mutual Fund Tracker | April 2020
16
 Motilal Oswal Financial Services
Franklin:
Equity AUM INR349b
Top company holdings (%)
Mar-20
Mirae Asset:
Equity AUM INR300b
Top company holdings (%)
Mar-20
HDFC Bank
Back to
Snapshot
Top sector allocation (%)
Chg MoM (pp)
6.6
0.8
Top sector allocation (%)
Chg MoM (pp)
8.2
-0.5
Weight (%)
Banks Pvt
Chg MoM (pp)
19.3
-0.1
0.9
-0.1
0.5
0.4
-0.3
0.4
0.5
-0.1
0.5
RIL
ICICI Bank
Infosys
Weight (%)
Banks Pvt
Consumer
Oil & Gas
Healthcare
Technology
Cap Goods
NBFC
Auto
Banks PSU
Retail
Chg MoM (pp)
19.5
-3.8
1.8
1.3
1.2
0.9
-0.2
1.3
0.4
-0.6
0.2
HDFC Bank
ICICI Bank
Bharti Airtel
Axis Bank
Infosys
SBI
IOCL
NTPC
UltraTech
5.7
5.1
4.2
3.9
3.9
2.3
2.3
2.1
2.0
0.0
0.5
0.2
0.6
-0.2
0.1
0.2
0.2
0.1
ACC
Oil & Gas
Cement
Technology
Healthcare
Auto
Telecom
Consumer
Cap Goods
Utilities
8.8
7.7
7.2
6.6
6.5
5.9
5.6
5.0
4.3
7.2
5.6
4.6
3.5
3.2
SBI
Axis Bank
L&T
TCS
ITC
1.0
-0.8
0.7
-0.6
-1.0
-0.4
0.5
0.3
-0.2
3.2
2.9
2.8
2.6
11.7
11.1
10.1
9.1
8.8
8.2
7.3
3.5
2.0
Maruti Suzuki
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
Tata Consumer
1.64
5,572
RIL
0.78
736
Interglobe Avi
0.73
1,456
Tata Steel
0.58
3,659
Escorts
0.50
748
NHPC
0.43
21,595
Narayana Hrudayala
0.17
703
Bata India
0.11
90
IndusInd Bank
0.11
380
TCS
0.09
61
Company
Top change in weight (%)
Company
HDFC Bank
Infosys
Bharti Airtel
Interglobe Avi
Tata Consumer
Lupin
Tata Steel
HPCL
RIL
BPCL
Chg MoM Current
(pp)
Weight
0.78
6.58
0.56
3.93
0.53
5.13
0.53
1.52
0.47
0.47
0.39
1.52
0.26
0.56
0.25
1.15
0.24
0.30
0.20
1.74
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
Ashok Leyland
1.63
46,222
Tata Consumer
1.40
6,811
SBI Cards & Payment Services
1.17
1,893
Bajaj Finance
1.17
726
Biocon
0.54
2,578
P I Inds
0.51
435
Avenue Super
0.48
218
Lupin
0.45
1,012
Bharat Electronics
0.40
4,814
Orient Electric
0.30
1,529
Company
Top change in weight (%)
Company
RIL
TCS
Infosys
Ashok Leyland
Bharat Electronics
TCS
Bajaj Finance
SBI Cards & Paym
Biocon
HPCL
Chg MoM Current
(pp)
Weight
0.97
7.18
0.75
1.83
0.69
4.63
0.61
0.85
0.52
1.97
0.49
2.93
0.45
0.68
0.39
0.39
0.37
1.10
0.36
1.99
Top scheme by NAV change
Scheme Name
Franklin India Bluechip Fund - (G)
Franklin India Equity Fund - (G)
Franklin India Focused Equity Fund (G)
Franklin India Taxshield - (G)
Franklin India Prima Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
44.6
42.6
-23.3
76.0
74.4
-25.1
61.7
59.2
-25.6
27.8
27.1
-26.8
54.6
51.3
-26.8
Top scheme by NAV change
Scheme Name
Mirae Asset Large Cap Fund (G)
Mirae Asset Tax Saver Fund (G)
Mirae Asset Emerging Bluechip Fund (G)
Mirae Asset Focused Fund (G)
Mirae Asset Midcap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
132.1
129.9
-23.4
26.7
26.3
-24.0
74.1
73.6
-24.2
22.0
21.6
-24.7
15.9
15.4
-26.5
Fund Folio: Indian Mutual Fund Tracker | April 2020
17
 Motilal Oswal Financial Services
DSP
:
Equity AUM INR295b
Top company holdings (%)
Mar-20
HDFC Bank
Chg MoM (pp)
0.8
6.5
L&T:
Equity AUM INR255b
Top company holdings (%)
Mar-20
Chg MoM (pp)
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Healthcare
NBFC
Consumer
Cap Goods
Chemicals
Auto
7.7
Top sector allocation (%)
Weight (%)
Banks Pvt
Healthcare
Consumer
Cap Goods
NBFC
Technology
Cement
Chemicals
Oil & Gas
Auto
Chg MoM (pp)
-2.9
3.7
1.6
-0.2
-1.0
0.7
-0.1
0.8
0.8
-0.1
Chg MoM (pp)
19.2
0.5
11.1
ICICI Bank
Bharti Airtel
IPCA Lab
5.4
4.0
3.2
0.0
1.0
0.6
-0.5
0.6
-0.9
0.3
0.0
0.5
8.3
6.7
6.3
Axis Bank
Kotak M Bank
Bajaj Finance
2.7
2.7
2.6
5.3
4.9
2.0
-1.2
0.0
-0.5
-0.3
-0.8
0.3
-0.5
0.0
HDFC Bank
RIL
ICICI Bank
Bharti Airtel
Infosys
L&T
HDFC
4.2
0.0
3.8
0.6
3.5
-1.0
0.5
3.1
0.3
2.6
-0.2
2.4
2.3
2.1
2.0
RIL
Infosys
Coromandel Intl
2.4
2.3
2.1
Cement
Oil & Gas
Ramco Cem
Kotak M Bank
IPCA Lab
0.3
-0.2
-0.1
1.0
4.4
4.4
Technology
1.9
11.9
9.7
9.3
8.8
7.9
7.5
5.6
5.5
5.4
3.7
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
SBI
1.10
7,550
Dr Reddys Lab
0.98
233
Westlife Development
0.52
1,613
Bharat Forge
0.38
1,918
GCPL
0.34
662
SBI Cards
0.25
397
Kajaria Ceramics
0.15
710
Dixon Technologies
0.15
43
Power Grid
0.13
819
HPCL
0.12
685
Company
Top change in weight (%)
Company
Bharti Airtel
HDFC Bank
Dr Reddys Lab
Kotak M Bank
IPCA Lab
Coromandel Intl
SBI
UltraTech
RIL
Alkem Lab
Chg MoM Current
(pp)
Weight
1.01
3.97
0.78
6.45
0.68
1.64
0.65
2.66
0.64
3.23
0.49
2.14
0.47
0.74
0.34
2.06
0.32
2.41
0.22
1.73
Top change by market value
Company
IPCA Lab
Torrent Pharma
Divis Lab
Abbott India
SBI Cards & Paym
HUL
ITC
Dr Reddys Lab
Sun Pharma
Avenue Super
Mkt Value Shares Chg
Chg (INR b)
('000)
1.68
1,155
0.86
493
0.73
420
0.64
46
0.57
923
0.55
157
0.26
3,605
0.20
51
0.19
871
0.18
110
Top change in weight (%)
Company
IPCA Lab
Abbott India
HUL
RIL
Bharti Airtel
TCS
Divis Lab
Torrent Pharma
ITC
Shree Cement
Chg MoM Current
(pp)
Weight
1.01
1.95
0.68
1.83
0.57
1.52
0.55
3.77
0.49
3.15
0.49
1.61
0.49
1.02
0.48
0.87
0.39
1.19
0.34
1.63
Top scheme by NAV change
Scheme Name
DSP Midcap Fund (G)
DSP Tax Saver Fund (G)
DSP Equity Fund (G)
DSP Equity Opportunities Fund (G)
DSP Top 100 Equity Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
56.7
52.9
-24.4
46.7
43.0
-25.1
27.5
25.5
-25.3
38.9
36.2
-25.9
18.0
17.8
-27.0
Top scheme by NAV change
Scheme Name
L&T Equity Fund (G)
L&T Large & Midcap Fund (G)
L&T Tax Advantage Fund (G)
L&T Midcap Fund (G)
L&T India Value Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
18.2
17.8
-24.4
9.6
9.3
-24.4
23.5
22.8
-25.8
47.1
44.2
-26.6
49.4
48.4
-28.2
Fund Folio: Indian Mutual Fund Tracker | April 2020
18
 Motilal Oswal Financial Services
Tata:
Equity AUM INR177b
Top company holdings (%)
Mar-20
RIL
Chg MoM (pp)
7.8
2.3
IDFC:
Equity AUM INR165b
Top company holdings (%)
Mar-20
ICICI Bank
Chg MoM (pp)
4.8
-1.2
4.4
-0.4
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Consumer
Oil & Gas
NBFC
Technology
Auto
Healthcare
Cap Goods
Chemicals
Banks PSU
Chg MoM (pp)
18.6
-3.0
2.2
14.9
2.6
11.5
-1.1
9.7
0.5
7.3
-0.6
6.8
1.4
5.6
-0.7
5.0
0.2
3.0
-1.2
2.7
Top sector allocation (%)
Weight (%)
Banks Pvt
Chg MoM (pp)
HDFC Bank
ICICI Bank
HDFC
Infosys
HUL
4.7
7.3
-0.2
-1.0
6.3
3.6
3.0
2.6
2.5
2.4
HDFC Bank
Infosys
Axis Bank
Bharti Airtel
RIL
3.9
3.6
1.5
-0.9
0.2
0.9
0.1
0.5
0.3
-1.4
Consumer
Cap Goods
NBFC
Technology
Healthcare
Auto
Oil & Gas
Cement
-0.1
0.3
0.8
-1.2
-0.4
16.8
-3.3
2.0
10.8
-1.1
8.5
-1.9
8.0
7.2
7.2
6.1
5.3
4.7
3.8
2.7
3.6
3.4
3.3
2.2
2.0
SBI
Kotak M Bank
ITC
HDFC
Kotak M Bank
2.5
-0.2
1.2
-0.4
Bharti Airtel
2.1
0.6
0.5
Asian Paints
L&T
1.9
Chemicals
0.7
Top change by market value
Company
RIL
SBI Cards & Paym
Dr Reddys Lab
ICICI Lombard
HUL
Lupin
Asian Paints
IGL
Tata Consumer
Divis Lab
Mkt Value Shares Chg
Chg (INR b)
('000)
1.28
2,972
0.81
1,311
0.47
124
0.46
557
0.34
24
0.30
535
0.28
229
0.27
814
0.26
1,475
0.24
157
Top change in weight (%)
Company
RIL
HUL
ITC
Bharti Airtel
SBI Cards & Paym
Dr Reddys Lab
ICICI Lombard
Tata Consumer
Infosys
Asian Paints
Chg MoM Current
(pp)
Weight
2.32
7.81
0.83
3.02
0.57
2.39
0.51
2.10
0.46
0.46
0.43
1.00
0.41
0.91
0.34
1.02
0.34
3.60
0.34
0.95
Top change by market value
Company
HUL
Lupin
TCS
Infosys
Dr Reddys Lab
NTPC
HCL Tech
Biocon
Adani Ports
Power Grid
Mkt Value Shares Chg
Chg (INR b)
('000)
0.88
347
0.74
1,288
0.57
356
0.37
1,757
0.30
74
0.28
3,344
0.26
662
0.25
936
0.25
1,730
0.18
1,151
Top change in weight (%)
Company
Infosys
RIL
HUL
Ipca Lab
TCS
Nestle India
Lupin
Kotak M Bank
Dr Reddys Lab
ICICI Lombard
Chg MoM Current
(pp)
Weight
1.53
3.92
0.88
3.41
0.85
1.43
0.58
1.46
0.54
0.89
0.52
1.64
0.51
0.62
0.48
2.18
0.42
0.85
0.38
1.00
Top scheme by NAV change
Scheme Name
Tata India Consumer Fund (G)
Tata Multicap Fund - Regular (G)
Tata Equity P/E Fund - (G)
Tata India Tax Savings Fund (G)
Tata Large & Mid Cap Fund - Regular (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
9.9
9.2
-16.8
13.7
12.3
-19.9
34.7
31.1
-23.0
15.6
15.2
-24.1
12.3
11.7
-24.2
Top scheme by NAV change
Scheme Name
IDFC Focused Equity Fund (G)
IDFC Multi Cap Fund (G)
IDFC Core Equity Fund (G)
IDFC Tax Advantage (ELSS) Fund (G)
IDFC Sterling Value Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
10.8
10.6
-24.4
40.1
38.6
-24.7
18.3
17.0
-28.2
14.9
13.5
-28.8
19.1
18.5
-34.9
Fund Folio: Indian Mutual Fund Tracker | April 2020
19
 Motilal Oswal Financial Services
Motilal Oswal:
Equity AUM INR140b
Top company holdings (%)
Mar-20
HDFC Bank
Chg MoM (pp)
Sundaram:
Equity AUM INR139b
Top company holdings (%)
Mar-20
Chg MoM (pp)
Back to
Snapshot
Top sector allocation (%)
Weight (%)
NBFC
Banks Pvt
Top sector allocation (%)
Weight (%)
Consumer
Banks Pvt
Cap Goods
NBFC
Auto
Healthcare
Oil & Gas
Cement
Chemicals
Retail
Chg MoM (pp)
17.2
7.9
0.1
5.9
4.9
4.8
4.3
HDFC Life
TCS
HDFC
Infosys
Kotak M Bank
Maruti Suzuki
Asian Paints
L&T
Bajaj Finance
0.7
0.8
0.2
0.6
0.0
Consumer
Technology
Auto
Cap Goods
Chg MoM (pp)
19.7
-2.3
18.5
-2.1
1.2
15.9
1.4
0.0
HDFC Bank
ICICI Bank
RIL
3.4
3.2
2.8
2.6
2.6
0.1
-0.3
0.5
1.2
1.1
-0.2
-0.2
9.3
7.5
TCS
HUL
11.0
10.3
9.5
6.1
5.8
5.0
4.9
4.5
4.4
4.3
-2.1
0.1
-1.3
0.3
0.9
0.9
0.0
-0.2
-0.8
4.3
3.8
3.7
3.7
3.6
6.2
5.7
4.2
3.3
1.3
-0.2
0.7
-0.5
-0.8
Retail
Oil & Gas
Healthcare
Cement
-0.6
0.1
0.7
0.4
0.2
Trent
Ramco Cem
Bharti Airtel
HDFC
Varun Bev.
2.3
2.2
2.2
2.2
2.0
0.6
0.4
-0.2
Top change by market value
Company
ACC
BPCL
Bharti Airtel
Phoenix Mills
Dr Reddys Lab
P&G Health
United Breweries
Bandhan Bank
Nestle India
Gujarat Pipavav
Mkt Value Shares Chg
Chg (INR b)
('000)
0.32
331
0.24
753
0.22
494
0.14
541
0.10
22
0.09
25
0.05
306
0.00
25
0.00
0
0.00
80
Top change in weight (%)
Chg MoM Current
(pp)
Weight
TCS
0.84
4.88
Asian Paints
0.74
3.72
HDFC Life
0.66
5.89
Infosys
0.63
4.32
Jubilant Foodworks
0.49
3.21
Eicher Motors
0.46
3.43
ICICI Lombard
0.45
2.92
HPCL
0.44
1.96
Britannia
0.41
1.91
HUL
0.28
2.83
Company
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
9.9
9.3
-20.9
91.3
90.0
-25.1
3.5
3.4
-26.6
12.6
12.3
-27.0
13.3
12.8
-30.2
Top change by market value
Company
Tata Consumer
HUL
Britannia
Dr Reddys Lab
Cipla
Sun Pharma
NTPC
Top change in weight (%)
Company
Tata Consumer
HUL
Bharti Airtel
RIL
Britannia
Dr Reddys Lab
HDFC
P&G Hygiene
Cipla
Infosys
Chg MoM Current
(pp)
Weight
1.18
2.57
1.05
2.55
0.63
2.17
0.53
2.82
0.45
0.56
0.38
0.44
0.35
2.16
0.34
1.25
0.30
0.32
0.29
1.01
Info Edge
Pidilite Inds
Colgate
Mkt Value Shares Chg
Chg (INR b)
('000)
0.85
4,255
0.62
196
0.57
220
0.49
155
0.40
947
0.26
745
0.23
4,263
0.22
121
0.20
147
0.20
157
Top scheme by NAV change
Scheme Name
Motilal
Motilal
Motilal
Motilal
Motilal
Oswal
Oswal
Oswal
Oswal
Oswal
Focused 25 Fund (G)
Multicap 35 Fund (G)
Large and Midcap Fund (G)
Long Term Equity Fund (G)
Midcap 30 Fund (G)
Top scheme by NAV change
Scheme Name
Sundaram Select Focus - (G)
Sundaram Rural and Consumption Fund (G)
Sundaram Diversified Equity (G)
Sundaram Services Fund - Regular (G)
Sundaram Mid Cap Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
8.0
7.4
-23.9
13.0
12.7
-25.5
17.8
17.4
-27.6
9.2
8.0
-28.4
41.3
40.0
-30.3
Motilal Oswal Securities Limited is the Sponsor of Motilal Oswal Mutual Fund. The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the
initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund. Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Fund Folio: Indian Mutual Fund Tracker | April 2020
20
 Motilal Oswal Financial Services
Canara Robeco:
Equity AUM INR95b
Top company holdings (%)
Mar-20
Invesco:
Equity AUM INR94b
Top company holdings (%)
Mar-20
Chg MoM (pp)
Back to
Snapshot
Top sector allocation (%)
Chg MoM (pp)
6.9
-0.2
6.1
Top sector allocation (%)
Weight (%)
Banks Pvt
Oil & Gas
Healthcare
Technology
NBFC
Consumer
Auto
Telecom
Cap Goods
Utilities
Chg MoM (pp)
18.4
-2.8
1.2
Weight (%)
Banks Pvt
Consumer
Healthcare
Oil & Gas
NBFC
Technology
Cap Goods
Retail
Auto
Chemicals
HDFC Bank
ICICI Bank
RIL
Infosys
Kotak M Bank
Axis Bank
Avenue Super
5.5
4.1
3.5
3.0
2.8
2.8
2.6
2.6
-0.3
0.8
0.4
0.2
-0.5
0.8
0.1
Chg MoM (pp)
20.3
-1.3
2.7
12.2
1.3
11.2
2.0
9.1
-2.9
0.7
-0.9
0.9
-0.3
-0.1
HDFC Bank
RIL
ICICI Bank
Infosys
Bharti Airtel
Kotak M Bank
HDFC
Apollo Hospitals
United Spirits
HUL
4.4
3.5
3.5
2.9
2.5
2.3
1.9
7.8
6.5
6.1
0.2
0.4
-0.7
0.9
8.5
7.3
6.4
5.5
3.9
3.8
0.8
1.9
0.5
0.0
-0.1
0.5
10.6
10.3
9.5
9.5
8.2
8.0
3.5
3.4
2.8
1.7
0.7
-1.1
1.7
-0.1
0.8
-0.2
1.0
HDFC
Bajaj Finance
Divis Lab
-0.9
0.4
Top change by market value
Company
SBI Cards & Paym.
IGL
Maruti Suzuki
UltraTech
United Spirits
Dabur India
Avenue Super
Bharti Airtel
TCS
Britannia
Mkt Value
Chg (INR b)
92.03
75.38
54.66
40.30
34.53
30.04
28.68
24.54